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The Sales Funnel For Effective Online Marketing

Apr 26

The sales funnel has been an integral part of conventional marketing and business for ages untold. It seems like the topic of funnels in Internet-based business is becoming more and more common.

It is clear that people want to know more about this idea and the ways they can apply it in their online businesses marketing strategies. If you'd like to know something more about the sales funnel to help you with effective Internet marketing I invite you to continue reading.


What is the Sales Funnel?

A marketing funnel doesn't necessarily mean a funnel. The term, "funnel", is used to describe and visualize the entire sales process. The term"funnel" is a term utilized to define the sales process due to its more extensive entry point for "Unqualified Prospects", and a smaller opening for converts in the lower part of the funnel.


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The top of the funnel or entry point to the funnel are those who we may consider as "unqualified prospects" These are people who might require your products or services however, you've never contacted them before. After many sales calls and offers you've contacted customers who have purchased your products or services.

The efficiency of the lead generation funnel is down to its ability to allows you to monitor the potential prospects' actions during different stages of the lengthy sales process. It is possible to forecast the number potential customers using the sales funnel, by knowing the numbers of prospects who are qualified at each stage of the process.

A sales funnel will allow you to determine exactly how is going on and how your sales process is failing or working, or if your campaign isn't getting a sufficient amount of prospective customers somewhere within the process. This will help you decide where to put your effort to make sure that sales are on the right level and that you are meeting your the marketing objectives. It is used to track and control customers' sales processes.

The Sales Funnel Top Front - End

The top of your sales funnel is going to be the most active part of your process and requires the most consistent testing. Your imagination and resources will limit the number of front-end strategies that you could develop.

The main purpose of the front end is to draw potential customers in and turn them into buyers further down the sales process.

A prospective client will be "qualified" once they have signed up to your product or service. This is the point in the sales funnel where the potential client or "Unqualified prospect" becomes a qualified leads because they have taken actions which show they are sufficiently interested to purchase your product.

In order to make your front-end efficient it is essential to direct targeted traffic to your website, blog or squeeze page blog. Article marketing, PPC ads, social media (Google+ Twitter, Facebook, YouTube), banners and blogging are the best methods and resources to do this.

There are a variety of ways to "qualify", the "Unqualified prospect". One of the most effective is the squeeze page. You can provide something of value that is connected to your service or product that they can obtain for free or at a drastically discounted price in exchange for their email. The products included include newsletters, videos ebooks, email courses, eBooks and related reports.

We can realize that the front end of the sales funnel is where folks are drawn to your sales funnel. What happens to the back-end of your sales funnel?

 

The Bottom of the Funnel or the Back-End

The bottom or back-end of the sales funnel is where most sales and profits are generated. You will usually find the more expensive products in this area. They are usually relevant to the exact same niche, but presented in a different format, like audio or video, live interaction, or private consultation.

The main difference between front-end and back-end is the kind of client, and also the price of the service or product that are provided.

While it's true that just a small percent, say 1-2%, from the overall number of folks entering into your front - end will finish up in the back-end. This is because a select few people will spend a larger amount of funds.

Although front-end products and services may be less expensive than $100, back-end services and products are usually priced in the hundreds or thousands. This makes the bottom or back end of the sales funnel the primary source of income for your Internet business, it's also the most predictable and solid area in this sales funnel.

The sales funnel can be as complex or simple as you want to make it, as long you have the proper resources and creativity.

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